Subway is saying in its pitch materials that sales per store were down 2% from 2010 through 2020 but have risen the last two years so they are now at the same level as they were in 2012

Subway clamps down on franchisees as fast-food giant eyes $8B sale: sources

By News on the Net -- New York Post——Bio and Archives--February 26, 2023

Subway is putting the squeeze on its franchise owners to shore up sales and profits as the struggling sandwich giant attempts to reel in a buyer, The Post has learned.

The nation’s largest fast-food chain is pitching private equity firms on a prospective sale by showing them revenue and earnings that imply the company could be worth more than $8 billion, two sources with direct knowledge of the process said. ---More...

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